The low inventory trend is changing for the Dallas area, but the available pre-owned homes (resale) remains well below what we need. May reflected a much needed increase in that inventory:
New construction homes had a slight decrease in their available inventory from 2017:
And although the median price fluctuates month to month, it is exciting to see that the median home price continues to rise for our Dallas Real Estate market in resale homes...although May was basically consistent with 2017:
And homes are being listed and sold within a close margin, showing that the pricing is on target for both resale and new construction homes:
Are you ready to search for your new Dallas area Dream Home?
BROKER/ASSOCIATE/REALTOR, ABR, AHWD, ALHS, ASP, BPOR, CAPS, CDPE, CGP,
Multi-Million Dollar Consultant
Texas Licensed Real Estate Broker
Information, written commentary, photos, original verse, etc… are the property of this author and may be reprinted or posted for Active Rain.